earnings
confidence high
sentiment positive
materiality 0.75
CHCT Q2: Net income $5.7M ($0.22/dil), FFO $0.56, AFFO $0.58; dividend raised to $0.4325
Community Healthcare Trust Inc
2021-Q2 EPS reported
$0.43
revenue$44,083,000
- Revenue $22.7M, net income $5.7M ($0.22/dil) vs $4.5M ($0.19/dil) YoY.
- FFO $0.56/dil, AFFO $0.58/dil, up from $0.51 and $0.52 YoY.
- Acquired two Q2 properties for $9.5M; subsequent to quarter closed one for $3.7M, 100% leased.
- Pipeline: $8.5M under contract closing Q3; $94.0M for four development properties closing 2022-2023, ~10.25% returns.
- Board declared Q3 dividend $0.4325/share, payable Aug 27, up from $0.43 in Q2.